Economists Make Predictions for the 2023 Residential Market
2023 is only a matter of days away, and while “new year, new you” is the mantra for many, housing ...
Tag: housing recession
Home Sales Hit Lowest Point Since Lockdown, Cementing ‘Housing Recession’
In the face of rapidly spiking mortgage rates, existing-home sales took a significant tumble in November, falling 7.7% from the ...
Construction Increases and Housing Starts Fall Only Slightly, While Permits Continue to Drop
Finished construction experienced an increase in November; housing starts’ continued decrease seemed to slow, while new permits followed its past ...
Amid Price Drops, Condos Hold Up Better Than Single-Family Homes
Home prices have dropped 8.6% year-over-year, while condo prices only decreased 4.4%, according to a new report from Point2. Point2’s ...
Mortgage Rates Continued Their Downward Trajectory Last Week
The 30-year fixed-rate mortgage (FRM) continued to trend downward this past week, averaging 6.31%, down slightly from the previous week’s ...
Reflecting a Weakening Housing Market, Builder Confidence Declines Again in December
High mortgage rates, elevated construction costs running well above the inflation rate and flagging consumer demand due to deteriorating affordability ...
Where Does iBuying Go From Here?
It's been an interesting month for instant buyers. From leadership shake-ups to another company bowing out of the game, there ...
Mortgage Mix: Inflation May Be Slowing Down as Mortgage Rates Drop Slightly
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Some Cities Fall, Others Rise as Housing Correction Remains Uneven
One thing about real estate is that your market probably looks nothing like what the national headlines are describing. While ...
Home Flipping Declines Again as Investor Profits Hit 13-Year Low
92,422 single-family houses and condominiums were flipped in Q3 2022, which is 7.5% of all home sales (or one in ...
Common Sense Pricing: No One Searches for a $499,990 House
They choose $475,000-$500,000 or $525,000-$550,000. Round your numbers, and you will get more views. For more free training, check out www.PowerAgentWebinar.com. Learn more.
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